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Emirates President Tim Clark warns of ‘uncharted territory’ as tariffs hit global aviation newsthirst.

Emirates President Tim Clark warned that the aviation industry is in “uncharted territory” as U.S. President Donald Trump’s sweeping tariffs and trade disputes weigh on global growth and threaten to drive up costs for airlines worldwide. “Right now, we are in troubled times,” Clark told CNBC in an interview recorded March 20 — ahead of…

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Billionaire Trump backer Bill Ackman warns of ‘economic nuclear winter’ over tariffs newsthirst.

Getty Images Bill Ackman switched allegiance to Trump before the 2024 presidential election A billionaire backer of Donald Trump has urged the US president to pause his recently announced trade tariffs, or risk “a self-induced, economic nuclear winter”. Amid market turmoil, hedge fund manager Bill Ackman said the president should take three months to allow…

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Trump administration warns European companies to comply with anti-DEI order newsthirst.

U.S. President Donald Trump gestures, before boarding Air Force One as he departs for Florida, at Joint Base Andrews, Maryland, U.S., March 28, 2025.  Kevin Lamarque | Reuters The Trump administration is broadening its anti-DEI campaign to European companies. Government officials have reportedly sent letters to companies in France and the European Union that hold…

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Trump warns Iran will face ‘dire’ consequences unless Houthi attacks stop newsthirst.

US President Donald Trump has warned Iran that it will face “dire” consequences if Yemen’s Houthis continue to attack international shipping lanes. He said the Iranian leadership would from now on be viewed as having pulled the trigger for “every shot fired by the Houthis”, which have long been backed by Tehran. Trump’s threat came…

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Nvidia warns of competition from China’s Huawei, despite U.S. sanctions newsthirst.

BEIJING — Chip giant Nvidia has flagged heightened competition from Huawei, despite U.S. restrictions on the Chinese telecommunications company. In an annual filing Wednesday, Nvidia listed Huawei among its current competitors, including it in the list for a second straight year. The company, blacklisted by the U.S. for national security reasons, did not feature among…

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Zelensky calls for a European army, warns Russia not preparing for dialogue newsthirst.

Volodymyr Zelenskyy, Ukraine’s president, during the Munich Security Conference in Munich, Germany, on Friday, Feb. 14, 2025.  Bloomberg | Bloomberg | Getty Images Ukrainian President Volodymyr Zelenskyy called for the creation of a European army to boost the continent’s defenses as he warned that Russia was “not preparing for dialogue” to advance possible credible peace…

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